template

SaaS Agreement (YC)

by
R
Rafie Faruq
Oct, 10 2023

When to use this template

The SaaS Agreement (YC) under UK law is a legal template that outlines the terms and conditions for the provision and use of Software-as-a-Service (SaaS) offered by a company based in the United Kingdom. This agreement is specifically tailored for startups that have participated in the Y Combinator (YC) accelerator program, ensuring compliance with industry standards and best practices.

The template covers essential clauses such as the scope of services provided, subscription details, and payment terms. It outlines the responsibilities of both parties, including the SaaS provider's obligations to ensure data security, system maintenance, and technical support. It also includes provisions for data protection and intellectual property rights, addressing confidentiality and ownership of any proprietary information.

Furthermore, the SaaS Agreement incorporates provisions for termination, dispute resolution, and limitations of liability. It sets out the procedure for terminating the agreement and outlines potential consequences for non-compliance. Additionally, it includes standard clauses concerning governing law, jurisdiction, and others specific to UK law to ensure the agreement is legally enforceable in courts within the UK jurisdiction.

Overall, this legal template provides a comprehensive framework for startups offering SaaS solutions in the United Kingdom, offering clarity and protection for both parties involved in the agreement. It ensures compliance with UK law and Y Combinator's standards, facilitating a mutually beneficial and legally sound working relationship between the SaaS provider and their customers.

Key issues covered in this template

  • Service fees & initial service term
  • Implementation services & fee
  • Optional pilot period
  • SaaS services and support
  • Restrictions & responsibilities
  • Confidentiality
  • Proprietary rights
  • Payment terms
  • Termination
  • Warranty & disclaimer
  • Indemnity
  • Limitation of liability
  • Rights to a physical copy

What to watch out for

  • Many start-up companies choose not to offer indemnity as a starting point – particularly for very low cost services

  • As an alternative to technical support services, some companies simply include a commitment to provide support “in accordance with Company’s standard practice…”

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Used by

Author

R

Rafie Faruq

@rafie43034244
YCombinator

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Additional information

Business categories

Business activities

Relevant sectors

Technology

Relevant company sizes

1 - 3

20 - 49

4 - 19

50 - 249

Governing law

United States

Language

English US

Gender neutral

Yes